Pepe Whales Make Huge Buy: What's the Buzz?

Pepe Whales Make Huge Buy: What's the Buzz?

By
Lena Vasilievna Yelizaveta
1 min read

Two significant investors, known as 'whales,' have made massive purchases of Pepe (PEPE) coins, totaling an astounding 560.2 billion coins. This has sparked discussions and speculation about the popular meme coin within the crypto community. The purchases coincide with a notable 11% increase in the price of PEPE in the last 24 hours, following a recent crypto crash. One trader made a $3.86 million investment, while the second trader exchanged 42.08 billion Shiba Inu (SHIB) and 64 Ethereum (ETH) for 100 billion PEPE coins. These actions have led to discussions about growing confidence in the PEPE market and potential implications of these large-scale purchases. This development is being keenly observed by analysts and enthusiasts to understand its impact and implications on the market.

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